1934 Harrietts Blf Rd Kingsland, GA 31548
- Retail properties
- 9,100 SF
- 1.30 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1934 Harrietts Blf Rd
- Year built
- 2021
- Lot size
- 1.30 lot acres
- Property size
- 9,100 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a 9,100 square foot Dollar General store in Kingsland, Georgia, situated on a 1.3-acre lot. Built in 2021, this property boasts a 15-year NNN lease with a corporate guarantee from Dollar General, a NYSE-listed company with a BBB credit rating. The lease commenced January 30, 2021, and has 11.2 years remaining, with four, five-year renewal options including a 10% rent increase in October 2030 and every five years thereafter. The property enjoys a 6.75% cap rate and a strong NOI of $103,632, generating a price per square foot of $168.68. Located on Harrietts Bluff Road, this strategically positioned property benefits from high visibility and accessibility, with over 66,000 vehicles daily traversing I-95 nearby. The area demonstrates robust economic indicators, including an average annual household income within one mile of $87,534, projected to reach $101,773 by 2028. The property's proximity to a new 362-unit apartment complex and its distance from competing businesses (three miles to the nearest Dollar General, five miles to the nearest grocery store, and less than seven miles to the nearest big-box retailer) further enhances its investment appeal. This is a rare opportunity to acquire a high-performing, low-risk retail investment with significant long-term growth potential. The asking price is $1,535,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kingsland
- County
- Camden
- State
- Georgia
- Longitude
- -81.6673
- Latitude
- 30.8485
